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Fly News Breaks for December 18, 2015
FTNT
Dec 18, 2015 | 06:37 EDT
JPMorgan analyst Sterling Auty says the risk/reward for shares of Fortinet looks attractive following the 27% decline since the middle of October. Investors should buy a half position now and the other half after Fortinet's December quarter earnings, Auty tells investors in a research note. He sees the stock being worth $37-$43 by the end of 2016 and keeps an Overweight rating on the name.
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